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View Full Version : Stagnant economy the consequence of austerity programme



Nwicker60
19-Apr-12, 09:51
Spending reduced too quickly claims MSP

THE UK Con-Dem Government’s austerity programme has produced a stagnant economy in the Highlands claims Rhoda Grant MSP.
The latest unemployment figures for the Highland Council area for March 2012 have been released.
For the Highland Council area these were :
4,433 in March 2012 (3.1 per cent)
This compares with :
4,427 in February 2012 ( 3.1 per cent)
4,351 in January 2012 ( 3.1 per cent)
There were 1,114 registered job vacancies.
Commenting on the figures, Ms Grant said: “The UK Con-Dem Government’s austerity programme has produced a stagnant economy in the Highlands. Reducing spending too far and too fast has served the Highlands badly with, over 4,400 unemployed people competing for 1,114 job vacancies.
She added: “Instead of this failure, economic growth must be built on getting people back into work , providing them with money to spend on local goods and services to revive the Highland economy. This is the progressive way forward."